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House tax bill passed; risk mood eases; Merkel battles for Jamaica
Friday November 17th 2017
President Trump has given the pep talk and the House has voted. So the first part of the new tax bill is done, but that was the easy part. Meanwhile, Angela Merkel could be facing the fight of her life, and several bits of key data in the last 24 hours has surprised on the downside. Yet the mood on risk seems to have switched direction today. Phil Dobbie asks NAB’s David de Garis, why is that?